When I open a Studio project by double-clicking it, I’m able to use a relative path as the build folder. However, when I use the ‘Open Recent’ menu option, this does not work. Looks like the current path is not being updated with ‘Open Recent’. Is this a known issue?

There appears to be a bug in the current version of Studio that expands the relative path based on the current working directory (i.e. if you open the project via double clicking, the project path will be the current working directory whereas launching Studio via program shortcut would result in the installed path been used instead). The issue will be addressed in our next patch releases 1.05.16 and 1.06.01.